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Feds Drop Mortgage Charge in PPP Fraud Guilty Plea

Feds Drop Mortgage Charge in PPP Fraud Guilty Plea

Monday, 30 October 2023
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A New England man who has pleaded guilty to four counts of wire fraud in connection with an alleged pandemic-era loan scam will not have to face a fifth charge relating to mortgage fraud, according to authorities. So reports The Maine Wire. Read more...
MBA Sees Originations Rebound in 2024 as Rates Potentially Ease

MBA Sees Originations Rebound in 2024 as Rates Potentially Ease

Friday, 20 October 2023
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The Mortgage Bankers Association has forecast a strong recovery for mortgage originations in 2024, following a modest recession that will bring down mortgage rates. So reports Business Insider. Read more...
Freddie Mac Adds Down Payment Assistance Tool

Freddie Mac Adds Down Payment Assistance Tool

Friday, 20 October 2023
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Freddie Mac has unveiled DPA One, a free online resource to help mortgage lenders match borrowers to down payment assistance programs. So reports DSNews. Read more...
Truv Integrates With nCino Mortgage Suite to Help Verify Income

Truv Integrates With nCino Mortgage Suite to Help Verify Income

Friday, 20 October 2023
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Truv’s customer-permissioned data platform has integrated nCino Mortgage Suite, which enables income and employment verification for home loan applicants. So reports The Title Report. Read more...
Ask The Expert: Should I Purchase An Expensive Marketing System?

Ask The Expert: Should I Purchase An Expensive Marketing System?

Wednesday, 18 October 2023
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Carla from Alabama writes: "I am thinking about purchasing an expensive marketing system which will enable me to do extensive online marketing and bring in leads from different areas of the country. I am able to do loans in most all states and I believe I can double my income, which will more than pay… Read more...
Storytelling: The Key to More Powerful Sales Presentations

Storytelling: The Key to More Powerful Sales Presentations

Wednesday, 18 October 2023
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Storytelling is one of the most powerful tools that originators have to help engage prospects and referral sources. The best producers incorporate storytelling into their sales presentations to forge stronger relationships and persuade borrowers or referral sources to work with them. Read more...
How to Push Past Procrastination and Achieve Your Goals

How to Push Past Procrastination and Achieve Your Goals

Saturday, 14 October 2023
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Procrastination. It happens to every mortgage manager or LO at some point or another no matter how dedicated and driven they are. Whether it’s coaching your team or making prospecting calls to Realtors, putting off important tasks can throw a wrench in the works and negatively impact your bottom line. Fortunately, there are simple steps… Read more...
UWM, G-Rate Raise Conforming Loan Limits

UWM, G-Rate Raise Conforming Loan Limits

Saturday, 14 October 2023
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United Wholesale Mortgage and Guaranteed Rate have preemptively boosted their mortgage limits to $750,000 for the continental United States. So report Bankrate and Inman. Read more...
CoreLogic Launches First Joint Platform with Roostify

CoreLogic Launches First Joint Platform with Roostify

Saturday, 14 October 2023
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CoreLogic has rolled out its first combined offering with Roostify, a digital mortgage technology provider that it recently acquired. So reports MortgageOrb. Read more...
Former Live Well Bond Maven Avoids Prison Time

Former Live Well Bond Maven Avoids Prison Time

Saturday, 14 October 2023
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Live Well Financial’s former chief bond trader, Darren Stumberger, has been sentenced to time served over his role in the fraud scheme that forced the mortgage company into bankruptcy. So reports Richmond BizSense. Read more...

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